Overvalued Stocks: Don’t Touch These Bloated Investments With a 10-Foot Pole

by Marc Lichtenfeld, Healthcare Expert Wednesday, November 18, 2009: Issue #1140

To celebrate my parents’ anniversary, I took the family to see Grease last weekend. As musical theater buffs, I figured that they’d love the seeing the show, especially with my kids who had never seen a Broadway quality production.

Unfortunately, they still haven’t. The show stunk. The “actor” who played Danny Zuko couldn’t act. And American Idol winner Taylor Hicks was so bad as Teen Angel, it was laughable. It was one of the worst productions I’ve ever seen – and I should know, as I’ve been in some pretty awful shows (if you saw Last Exit to Brooklyn in San Francisco in 1995, I apologize).

But the purpose of this column is not a theater review, but

Based on my performance the last 5 weeks I should of just went to cash in mid March and done my American Idol Trade – it’s turned out to be a big winner. I wanted to update this ahead of tonight’s “final 3″… back in mid March when there were still 11 competitors I outlined in [Mar 13: American Idol Trading: Adam Lambert v Danny Gokey] how a very profitable trade could be put on, with a big payoff in a short amount of time.
There is a service called Intrade in which people can make “bets” ala the stock market on many things in society – generally it has been used for making wagers on political outcomes

One thing you can bet on is the eventual winner of American Idol and I propose there might be a …